Barclays bid rates and maximum rates for payment of interest

KARACHI: Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Committee, c/o ANZ Grindlays Bank Ltd, on Monday (August 3, 2020).

========================================================INTEREST PAYABLE ON FE DEPOSITS========================================================                         BBA BID           MAXIMUM RATES                          RATES           FOR PAYMENT OF                                             INTEREST BY                                              AUTHORISED                                                 DEALERS========================================================U.S. DOLLARS         VALUE 03-08-2020   VALUE 03-08-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.0010% PA            0.7510% PAFor  6 months and over but less than    12 Months           0.0649% PA            0.8149% PAFor 12 months           0.2065% PA            1.0815% PAFor  2 Years            0.2065% PA            1.5815% PAFor  3 Years            0.2065% PA            1.8315% PAFor  4 years            0.2065% PA            2.0815% PAFor  5 years            0.2065% PA            2.2065% PA--------------------------------------------------------POUND STERLING       VALUE 03-08-2020   VALUE 03-08-2020--------------------------------------------------------For  3 months and over but less than     6 Months          -0.1679% PA            0.5821% PAFor  6 months and over but less than    12 months          -0.0883% PA            0.6618% PAFor 12 Months           0.0614% PA            0.9364% PAFor  2 Years            0.0614% PA            1.4364% PAFor  3 Years            0.0614% PA            1.6864% PAFor  4 years            0.0614% PA            1.9364% PAFor  5 years            0.0614% PA            2.0614% PA--------------------------------------------------------EURO                 VALUE 03-08-2020   VALUE 03-08-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1906% PA            0.9406% PAFor  6 months and over but less than    12 months           0.1804% PA            0.9304% PAFor 12 Months           0.0751% PA            0.9501% PAFor  2 Years            0.0751% PA            1.4501% PAFor  3 Years            0.0751% PA            1.7001% PAFor  4 years            0.0751% PA            1.9501% PAFor  5 years            0.0751% PA            2.0751% PA--------------------------------------------------------JAPANESE YEN         VALUE 03-08-2020   VALUE 03-08-2020--------------------------------------------------------For  3 months and over but less than     6 months           0.1925% PA            0.5575% PAFor  6 months and over but less than    12 months           0.2192% PA            0.5308% PAFor 12 Months           0.1457% PA            0.7293% PAFor  2 Years            0.1457% PA            1.2293% PAFor  3 Years            0.1457% PA            1.4793% PAFor  4 Years            0.1457% PA            1.7293% PAFor  5 years            0.1457% PA            1.8543% PA========================================================

Copyright Business Recorder, 2020